Troubled Nvidia ally Supermicro pledged to hire a new CFO ‘immediately.’ That was 14 months ago.
Supermicro Chairman and CEO Charles Liang triumphantly announced to investors in early December 2024 that a special investigation spurred by the abrupt resignation of audit firm Ernst & Young had found no evidence of fraud or misconduct.
The rub? The investigation resulted in a series of recommendations that Supermicro agreed to carry out, including that the IT solutions manufacturer would appoint a chief accounting officer and “immediately” start a search for a new chief financial officer to replace David Weigand...